Obama

Obama hires free trader for Economic Policy adviser

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Well, well, well. Now that this pesky primary is out of the way, ya know with all of those NAFTA, bad trade deal buzz words and campaign rhetoric you have to say to convince people to vote for you....

No problem to hire yet another corporate representative to push more bad trade deals per the demands of multinational corporations!

That's right,
Obama Names Rubin Ally Furman to Economic Policy.

Furman is director of the Hamilton Project, a well known corporate Democrat economic think tank pushing more bad trade deals, more globalization per the agenda of multinational corporations and special interests. Robert Rubin, Treasury Secretary under Bill Clinton, is well known to push bad trade deals like entry into the WTO, the China PNTR. Rubin was chair of Citigroup. Robert Rubin started the Hamilton Project.

Economist Tonelson on Obama Trade Positions

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This is really worth reading for Tonelson focuses heavily on trade, US manufacturing.

Trade and the White House Race Part II: Does Obama Really Care?

Maybe it’s the latest sign of the apocalypse or simply another indication of the continually jaw-dropping nature of the 2008 presidential race. But the biggest reason to question Democratic frontrunner Barack Obama’s commitment to be a major change agent – as this campaign’s signature buzz-phrase would have it – for U.S. trade policy is his failure to pander wholeheartedly.

Obama and Subprime

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While the political cheering leading goes on, you might want to read these two articles:

Subprime Obama

There's been less emphasis from the Obama campaign on the really dysfunctional role of the financial industry in the subprime mess," says Josh Bivens of the Economic Policy Institute. "Edwards and Clinton talk much more about regulation of the financial industry going forward, and to the extent that blame is placed, they tend to place it on the lenders for steering people into loans they couldn't afford.

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